INVESTOR PRESENTATION - CREATING ENERGY CREATING VALUE

ESG HIGHLIGHTS Our vision is to be a leader in the responsible production of energy the world needs for the future GHG Emission Reduction CO₂ Safety 17% reduction in total recordable injury frequency in 5 years 59% reduction in GHG emissions intensity through 2022, relative to 2018 baseline; 65% target in place Abandonment & Reclamation Water Reduce 2020 inactive well inventory of 4,500 wells to zero by 2040 Successful water recycle projects in Kerrobert, Viking and Duvernay Indigenous Relations Partnership with Peavine Métis Settlement Independent Board / Gender Diversity 9 of 10 board members independent; 40% women Board members BAYTEX ENERGY NYSE TSX BTE 24

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